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Mar 18, 2013
03/13
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manufacturing and financial activitiles but in this case, the banks have holdings eight times the size of the economy of cyprus. >> bret: russians have $30 billion. >> right. a quarter of it are russians. they say we will tax people who live here but have money deposited here, stashed here to protect it from russia and they see it as an easy out. easy way to get money to satisfy the imf. in response to the imf making an effort to bail them out. that is why he said this is the best solution for us. we saw individuals on tape saying gosh, you know, violation of my property rights, et cetera. those are small time players in the large game. >> bret: but still getting money out of their account. >> they are. >> there is discussion of shifting that to the wealthier. depositors, in cyprus. this is all about russia. german secret service did a study not long ago that looked at the kind of deposits that were made in the cypriate banks from the russians in particular and concluded a lot of it was dirty money. germans don't want their taxpayers to be funding risky bets from russian alagarks. with an election in
manufacturing and financial activitiles but in this case, the banks have holdings eight times the size of the economy of cyprus. >> bret: russians have $30 billion. >> right. a quarter of it are russians. they say we will tax people who live here but have money deposited here, stashed here to protect it from russia and they see it as an easy out. easy way to get money to satisfy the imf. in response to the imf making an effort to bail them out. that is why he said this is the best...
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Mar 19, 2013
03/13
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on a continent with 16, 20 trillion of economy. that decides to under mind faith they have in the deposit, as if here was declared yes, you a safety deposit insurance. however we are going to take 10% of your savings tomorrow. it will disappear. it will cause run on bank. this could be a long fuse. in the state, they have a 50% tax break for small business and startups. >> listen to this. >> how would you feel if you made a decision four years ago you knew was legally correct and four years later a governing body said it's not correct and you owe us more money and we charge you interest on the money you didn't know you owed? >> bret: that is quite a story. >> it is. >> hard to have sympathy for some of the business owners. they backed a issue on the ballot that was also retroactive. but high taxes is bad for business so the low-tax state like texas draw in businesses with lower unemployment rate. >> this is why people leave california. state budgets are broke and they are trying to raise taxes and the states with the lowest taxatio
on a continent with 16, 20 trillion of economy. that decides to under mind faith they have in the deposit, as if here was declared yes, you a safety deposit insurance. however we are going to take 10% of your savings tomorrow. it will disappear. it will cause run on bank. this could be a long fuse. in the state, they have a 50% tax break for small business and startups. >> listen to this. >> how would you feel if you made a decision four years ago you knew was legally correct and...
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Mar 21, 2013
03/13
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. >> the stanford economy looked at the budget and said 500,000 jobs right away. this plan will protect and strengthen medicare. it begips, yes, by repealing obama care. >> the resolution passed 221 221-207. with ten republicans an all democrats voting against it. >> this is an uncompromising ideological approach to our budget issues. this also fails the test of taking a balanced approach. >> the senate is planning to vote on the ryan blueprint to hold republican feet to the fire. >> it was crafted by a hard right group in the house. and most republicans would rather run away from it. we saw that happen during the presidential campaign. we're not going to let them run. >> senate democrats favor budget chair patty murray's plan to raise taxes, increase spending and never come to balance. top republicans say it doesn't add up. >> that means more debt. fewer jobs. frankly much higher taxes from the american people. we certainly hope that the president will change his mind and submit a plan that actually balances the budget. >> the senate plans to vote on the dueling
. >> the stanford economy looked at the budget and said 500,000 jobs right away. this plan will protect and strengthen medicare. it begips, yes, by repealing obama care. >> the resolution passed 221 221-207. with ten republicans an all democrats voting against it. >> this is an uncompromising ideological approach to our budget issues. this also fails the test of taking a balanced approach. >> the senate is planning to vote on the ryan blueprint to hold republican feet to...